2023 DOP to ILS Historical Review

YEARLY HIGH

0.0717 ILS

YEARLY LOW

0.0594 ILS

YEARLY AVERAGE

0.0658 ILS

2023 DOP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0717. Conversely, the yearly low was recorded on January 24, dropping to 0.0594.

This high-to-low spread represents a total annual volatility of 0.0123 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0609 to the December average rate of 0.0639, the exchange rate registered a net change of 5.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0717 was up 7.21% compared to the 2022 peak of 0.0669, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DOP based on timing:

Yearly Peak High 358 ILS

2022 Average 306 ILS

Yearly Trough Low 297 ILS

Transaction Impact: A difference of 61.43 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0710

0.0599

JanuMarcMayJulySeptNove

DOP to ILS Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0650, compared to 0.0667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0650

H2 Avg (Jul–Dec) 0.0667

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0061 ILS (High: 0.0659 / Low: 0.0598). On the other end, September was the most stable month, with a tight range of 0.0009 ILS (High: 0.0677 / Low: 0.0669).

February Spread (Volatile) ±0.0061

September Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0031 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0701) against the same month in 2022 (average: 0.0659), the exchange rate shifted by +0.0041 (+6.29%).

2023 Avg (October) 0.0701

2022 Avg (October) 0.0659

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0631	0.0594	0.0609
February	0.0659	0.0598	0.0631
March	0.0674	0.0647	0.0658
April	0.0673	0.0651	0.0665
May	0.0685	0.0664	0.0673
June	0.0688	0.0647	0.0664
July	0.0674	0.0640	0.0657
August	0.0670	0.0646	0.0661
September	0.0677	0.0669	0.0672
October	0.0717	0.0670	0.0701
November	0.0707	0.0648	0.0670
December	0.0655	0.0620	0.0639